Andaman & Nicobar Islands to Boost Renewable Energy Use
By Rediff Money Desk, New Delhi Oct 25, 2024 16:19
India's Power Minister calls for increased renewable energy use in Andaman & Nicobar Islands, aiming to reduce diesel dependency and energy costs.
New Delhi, Oct 25 (PTI) Union Power Minister Manohar Lal on Friday directed the Andaman and Nicobar Islands administration to focus on increasing power generation using renewable sources and reduce dependence on diesel-based generation.
The minister made the remarks at a meeting to review the power sector scenario for Andaman and Nicobar Islands in Sri Vijaya Puram, the power ministry said in a statement.
In his address, Lal emphasised the need for reducing dependence on diesel-based generation by increasing the share of renewable sources of power generation, especially wind energy, in the archipelago and working towards energy storage. This will result in a reduction per unit energy cost.
He asked the administration of the Union Territory to explore the possibility of alternate sources of energy generation like ethanol-based fuel.
Further, he advised the UT administration to work on the timely settlement of dues of the government departments to improve transmission losses and reduce the ACS-ARR Gap (Average Cost of Supply and the Average Revenue Realized).
The minister also directed UT to make all efforts for expeditious implementation of the sanctioned works under the revamped distribution sector scheme as well as to implement reforms prescribed under the scheme.
LG of Andaman and Nicobar Islands D K Joshi was present at the meeting, which was also attended by senior officials of the power ministry and power sector CPSEs.
The minister made the remarks at a meeting to review the power sector scenario for Andaman and Nicobar Islands in Sri Vijaya Puram, the power ministry said in a statement.
In his address, Lal emphasised the need for reducing dependence on diesel-based generation by increasing the share of renewable sources of power generation, especially wind energy, in the archipelago and working towards energy storage. This will result in a reduction per unit energy cost.
He asked the administration of the Union Territory to explore the possibility of alternate sources of energy generation like ethanol-based fuel.
Further, he advised the UT administration to work on the timely settlement of dues of the government departments to improve transmission losses and reduce the ACS-ARR Gap (Average Cost of Supply and the Average Revenue Realized).
The minister also directed UT to make all efforts for expeditious implementation of the sanctioned works under the revamped distribution sector scheme as well as to implement reforms prescribed under the scheme.
LG of Andaman and Nicobar Islands D K Joshi was present at the meeting, which was also attended by senior officials of the power ministry and power sector CPSEs.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Kretto Syscon
- 1.02 (+ 4.08)
- 66881006
- Shree Securities
- 0.45 (+ 12.50)
- 60278969
- Mishtann Foods L
- 9.67 ( -1.73)
- 59217815
- Vodafone Idea L
- 7.87 ( -1.99)
- 45227161
- YES Bank Ltd.
- 21.21 ( -1.71)
- 26456481
MORE NEWS
Dish TV Shareholders Reject Appointment of Ind...
Dish TV shareholders have rejected the proposal to appoint two independent directors,...
India Needs Investment in Roads, Ports, Energy:...
Veteran banker KV Kamath stresses the need for increased investment in roads, ports,...
IGI IPO: Blackstone-Backed Gem Firm Raises Rs...
International Gemmological Institute (IGI) has raised Rs 1,900 crore from anchor...